Analysis $BNB (4H and 1H)
CURRENT SITUATION:
Price: 727.29 (+0.1%)
Volume: 2.73K (significant volume)
Price is at strong resistance 727-730
SHORT TRADING RECOMMENDATION:
SHORT ENTRY (OPPORTUNITY):
Entry: 727.50
TP1: 720 (50% position)
TP2: 715 (30% position)
TP3: 710 (20% position)
Stop Loss: 731
⚠️ Risk Management: Maximum 1% of capital
⚠️ Invalidation: Clear break above 731
REASON:
Historical resistance level at 727-730
Possible exhaustion after the boost bullish
Previous congestion zone between 710-715
RSI overvalued in 1H time frame
KEY LEVELS:
Current resistance: 727-730
Support 1: 720
Support 2: 715
Support 3: 710
UPDATE: Valid entry at current price, good risk/benefit ratio for a short from resistance.
